Technical
Financial
Distress signals
Property profile

5205 Mckellips Rd Mesa, AZ 85215

OFF-MARKET
Grocery and convenience stores
Property ID
US07-0812830
2,016 SF 0.92 ac lot Built 1995
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1995
Construction CONCRETE
Total area 2,016 SF
Lot 0.92 ac (40,066 SF)
Zoning code GC
APN 141-44-001A
UPID US07-0812830

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store
  • Atm
  • (Bike/Boat/Book/etc) Store Specialty Food Shop

Location

5205 Mckellips Rd Mesa, AZ 85215-2644
Mesa metro Census 420216 PHOENIX-MESA-SCOTTSDALE, AZ METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.08M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2018
2 recorded transactions
2018
$518,790
1998
$261,560

Zoning & alternative use

GC · Mesa, AZ
Zoning description

se or display plants, shall not exceed 10,000 square feet. 3. Items displayed outdoors are limited to plants, soils, gravel, soil amendments and fertilizer. 4. Development standards shall comply with requirements of the…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $1.3M +106.0%
Auto repair, garage $890,000 +41.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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